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Trump AI Executive Order: Voluntary Framework, No Licensing Required, June 05
Trump’s June 2 AI executive order establishes voluntary pre-release framework for frontier models and strengthens federal cybersecurity.
Swiss Franc Strengthens as Inflation Holds Steady Before SNB Rate Decision, June 05
Swiss inflation holds at 0.6% in May. Strong franc keeps prices down despite energy costs. SNB rate decision June 18.
Hong Kong Tightens Illicit Cigarette Laws After 52.8M Seizure, June 05
Hong Kong Customs seized 52.8 million illicit cigarettes worth HK$238 million. Government proposes tougher penalties for smuggling.
Prabowo Fires Nutrition Chief Over Corruption Probe, June 05
Prabowo fires nutrition agency chief Dadan Hindayana over corruption allegations in free meals programme. Three officials arrested on graft charges.
Goldman Sachs Launches Tokenized Real Estate Fund, June 04
Goldman Sachs launches tokenized real estate fund via blockchain platform GS DAP with Apex Group and Archax for institutional investors.
Five Eyes Warn China Uses Fake Jobs to Spy on Canada, June 04
Five Eyes alliance warns China uses fake recruiters on LinkedIn and job sites to target government, military, and academic personnel with access to…
Delta’s Longest-Serving Flight Attendant Retires After 66 Years, June 04
Joan Crandall, Delta’s longest-serving flight attendant, retires after 66 years of witnessing aviation history and workplace changes.
LG Group to Adopt 10,000 Nvidia GPUs for AI and Humanoid Robot Development
The LG Group has announced a major expansion in its artificial intelligence strategy by planning to adopt 10,000 Nvidia GPUs for AI model training and humanoid robot development. This move highlights the company’s growing ambition to become a global leader in next-generation AI and robotics technologies. The decision reflects how large industrial conglomerates are investing…
FTSE 100 Live: Index Falls 52.09 Points to 10,280.21 as Prudential, HSBC & Standard Chartered Drop on China Tariff Shock
The FTSE 100 index opened under pressure as global markets reacted to renewed concerns over trade tensions between major economies. The index fell by 52.09 points to close at 10,280.21, reflecting broad weakness across financial and multinational stocks heavily exposed to China. The decline was driven mainly by losses in banking and insurance heavyweights including…